Town & Mountain Realty

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484-506 Merrimon AvenueAsheville, NC 28804Price: $3,999,000

  • Price: $3,999,000
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Federal 30-year interest rate: 3.68% last updated on Dec 5, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,999,000List Price
  • 1.45Acreage
  • 24980Square Feet

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Prime corner property on a metro's major artery in Asheville's core area. This offering includes Merrimon Ave between W.T. Weaver Blvd and Chatham Ave, and both corners are signalized. This is an assemblage of 8 parcels and is being sold as one offering. Traffic Count at Merrimon and Weaver Blvd is ~21,000 vpd. Existing improvements have no value in this redevelopment site. Possibles uses: retail, big box, office, mixed use of commercial, student housing, and multi-family. See Attachments for specifics on each parcel in this Assemblage. Annual Asking lease rate for new office/retail on Merrimon Ave range from $24-$43 NNN

Property Details of 484-506 Merrimon Avenue

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Listed by Karl Nelson and Susanne Woosley of NAI Beverly-Hanks
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